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jpmorgan conference highlights major acquisitions and strategic plans in healthcare industry
At the J.P. Morgan Healthcare Conference, Pfizer CEO Albert Bourla addressed an impending $17B 'LOE wave' due to patent losses, while highlighting acquisitions expected to generate $20B in annual sales by 2030. Johnson & Johnson announced a $14.6B acquisition of Intra-Cellular Therapies, aiming to enhance its portfolio with the FDA-approved drug Caplyta. Meanwhile, Moderna revealed a significant cut to its 2025 sales guidance, prompting a 20% drop in its stock.
hlth 2024 conference to spotlight healthcare innovation and artificial intelligence trends
The HLTH 2024 conference in Las Vegas will gather 12,000 attendees, including leaders from health systems, payers, and digital health startups, to discuss healthcare innovation. Key topics include AI's role in healthcare, the future of retail health, women's mental health, and advancements in healthy aging and brain health. Notable speakers include executives from major companies like Johnson & Johnson, Amazon, and Pfizer, alongside policymakers addressing the regulatory landscape.
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